NEWSMAKER-U. Agnelli to step into hot seat at Fiat helm

Newswire

By Christian Plumb MILAN, Feb 24 (Reuters) - Umberto Agnelli, twice sidelined from the top job at Fiat, on Friday is set to finally become its chairman amid its worst crisis ever, taking the reins at the industrial group his grandfather founded nearly 104 years ago. Paolo Fresco, Fiat's current chairman, announced on Tuesday that he would nominate Agnelli to succeed him, handing the silver haired executive the biggest challenge of his career. Agnelli, 68, had already begun to emerge ...

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